Red Sea Redux: Saudis Call For 'Coalition Of The Willing' To Protect Shipping From Houthis

The "Good News" Is Always The Same: The Stock Market Is Up... Until It Isn't Authored by Charles Hugh Smith via OfTwoMinds blog, Cloaking a fake "market" with artifice to maintain its asymmetrical distribution of wealth and income also cloaks its detachment from the real world. I often refer to the dynamics of self-correction and self-liquidation. Systems that use feedback to rebalance extremes are self-correcting: rather than accelerate as they approach a cliff, they slow down and reorganize to avoid runaway self-reinforcing feedback (i.e. positive feedback), a.k.a. run to failure. Some things are self-liquidating by...

China's Memory-Chip Challenger Faces A Test Of How Far US Curbs Can Reach ChangXin Memory Technologies is approaching a turning point. The Chinese memory-chip maker has advanced far enough to draw interest from some of the world's largest technology companies, including Apple Inc., which has considered using its chips. But the same growth that has raised CXMT's commercial standing has also made it a more prominent target in the widening technology confrontation between Washington and Beijing. The Pentagon has blacklisted the state-backed company over alleged links to China's military. In South Korea,...

ICE Planning New Detention Facilities For 5,500+ Detainees In Four US Cities Authored by Bryan Hyde via American Greatness, U.S. Immigration and Customs Enforcement (ICE) is currently moving to open four new major detention facilities across the United States with a combined capacity to hold 5,500 detainees. Just the News reports that ICE has sent out a request for information seeking contractors who could operate detention facilities near Denver, Miami and Seattle, and central Pennsylvania. The request calls for 1,500 beds near Denver, 1,500 near Seattle, 700 near Miami, and 1,800 in Pennsylvania. Trump administration plans four new...